Annual General Meeting Statement

RNS Number : 3436J

Medica Group PLC

28 June 2017

 

28 June 2017  

Medica Group Plc

Annual General Meeting

Medica Group Plc (LSE:MGP, "Medica" or the "Company"), the UK market leader in the provision of teleradiology services, is holding its Annual General Meeting at 10.00 a.m. today at the offices of Eversheds Sutherlands (International) LLP at One Wood Street, London EC2V 7WS.

At the Annual General Meeting, Medica's Chairman, Roy Davis, will provide the following trading update.

Trading update:

Medica has continued to perform well in the first half of the year. The NHS cyber-attacks in May did not impact Medica's own systems and IT infrastructure, and the Company was quick to work closely with affected clients to minimise patient impact and to ensure that Medica could respond to referrals as soon as these clients were back on line. Recruitment of radiologists has continued to be strong and the anticipated full year 2017 results remain in line with the Board's expectations.

The Company will provide a further update at its half year results in September.

Enquiries:  

Medica Group:	[phone]
John Graham, Chief Executive Officer
Tony Lee, Chief Financial Officer
Investec Bank plc	[phone]
Sara Hale Daniel Adams
Henry Reast Edward Thomas David Herring
FTI Consulting	[phone]
Brett Pollard
Ben Atwell
Victoria Foster Mitchell
Robert Winder

About Medica

Medica is the UK market leader by revenue in the provision of teleradiology services, providing outsourced interpretation and reporting on MRI (magnetic resonance imaging), CT (computerised tomography) and plain film (x-ray) images. The Company currently offers three primary services to hospital radiology departments: NightHawk, an out-of-hours service, routine cross-sectional (Routine CS) reporting on MRI and CT scans, and routine plain film (Routine PF) reporting on x-ray images.

Medica has developed a bespoke secure IT platform that provides market-leading linkage between a hospital's Radiology Information System (RIS) and Consultant Radiologists who contract with Medica. Direct RIS access ensures that the full wider patient information is available and reviewed with every report.  

The Company contracts with the largest pool of consultant radiologists outside of the NHS and has been trusted to provide more than 1.3 million examinations annually across its customer base of more than 100 NHS Trusts and various private hospital groups and diagnostic imaging companies.

About teleradiology

Teleradiology is the electronic transmission of radiological patient images, including plain film (x-rays), CT scans and MRI scans, from one location to another for the purposes of diagnostic interpretation and reporting.

 

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